Is Bill Arp, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bill Arp has remained a Seller's Market.
Housing Prices in Bill Arp, GA
How much do homes in Bill Arp, GA cost?
Median Sold Price
$323,085
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bill Arp was $323,085 in March 2024, up 1.8% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $229.9K | $229K | -0.4% |
3 Bedrooms | $272.9K | $273.9K | 0.3% |
4 Bedrooms | $350K | $346K | -1.1% |
5+ Bedrooms | $494.9K | $491K | -0.8% |
Summary: Bill Arp housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 0.8%.
Median Sold Price Compared To Nearby Cities
Fairplay | $376K | $415K | +10.4% |
Bill Arp | $317.2K | $323K | +1.8% |
Douglasville | $319.8K | $324.1K | +1.3% |
Douglasville-Lithia Springs | $299.9K | $295.6K | -1.5% |
Winston | $355K | $347.2K | -2.2% |
Housing Supply in Bill Arp, GA
How many homes are available in Bill Arp, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
243 | 258 | +6.2% |
Summary: The Bill Arp real estate market had 258 homes for sale in March 2024, a 6.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 104 | 109 | +4.8% |
4 Bedrooms | 67 | 84 | +25.4% |
5+ Bedrooms | 70 | 63 | -10.0% |
Summary: The Bill Arp housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 25.4%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
64 | 49 | -23.4% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Bill Arp in March 2024, down by 23.4% month-over-month. Of the 47 sold homes, 40% were sold under asking, 38% were sold at asking, and 21% were sold over asking.
Days on Market for Bill Arp, GA
How long does it take to sell a home in Bill Arp, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 47 Days | -9.7% |
Summary: Homes in Bill Arp had an average of 47 days on market in Mar 2024, down by 9.7% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 49 homes were sold in Bill Arp; 57% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.